Cachet

Founded in 2018, Cachet is a financial services marketplace focused on the platform economy. The company's mission is to enable a better and more secure lifestyle for gig economy service providers like ride-hailing drivers and couriers. Cachet achieves this by aggregating and enriching data from the platforms (e.g., Bolt, Uber) to create a more comprehensive view of a worker's activity, which allows insurance underwriters to offer fairer, personalized, and more competitive pricing. They operate as a Managing General Agent (MGA), providing both direct-to-consumer insurance products and an embedded insurance-as-a-service solution for platforms to offer insurance to their users via an API.